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Allahabad High Court Quashes Unreasoned Summoning in Benami Case: Emphasizes Judicial Scrutiny
The Allahabad HC stresses the need for reasoned summoning orders in benami cases, ensuring proper judicial scrutiny and legal adherence.
Aug 24, 20244 min read
2024 Amendments to Income-tax Assessment Procedures
Explore key 2024 IT Act updates aimed at streamlining tax reassessment and reducing disputes.
Aug 23, 20244 min read
Delhi High Court Balances Between the Right to Travel & National Economic Interests: A Judicial Pattern in the Making?
The Delhi HC balances personal liberty with national economic interests, upholding travel restrictions amid ongoing financial investigations
Aug 23, 20244 min read
Navigating Contract Law for Startups - Key Considerations
Explore essential contracts and legal tips to safeguard your startup’s future and streamline operations effectively.
Aug 22, 202420 min read
[Rajasthan HC] Arbitration Application Allowed Despite Respondents' Objections Regarding Procedural Requirements, Limitations, and Quantum of Claim
Rajasthan HC rules in favour of L&T, dismissing RUIDP's objections on procedural grounds and claim limits in an arbitration case.
Aug 22, 20244 min read
MoF Introduces Key Amendments to FEM (Non-debt Instruments) Rules, 2019: Facilitating Equity Swaps, Defining Control, and Updating Investment Norms
MoF's new rules enhance foreign equity swaps and refine investment controls.
Aug 22, 20244 min read
RBI Strengthens Guidelines for NBFC Peer-to-Peer Lending Platforms
RBI revises P2P lending norms to boost transparency and curb malpractices, effective immediately.
Aug 21, 20243 min read
The Finance Act, 2024: Shareholders Liable to Pay Tax in Case of Buy-back of Shares
The Finance Act 2024 shifts the tax liability of buy-back of shares from companies to shareholders.
Aug 21, 20242 min read
Speculation or Strategy: The Dynamics of Litigation Funding in India
Explore the evolving role of third-party funding in India's legal sector, highlighting its benefits and the need for regulatory clarity.
Aug 20, 202410 min read
Tribunal Confirms Asset Confiscation Under FERA, Differentiating Adjudication from Prosecution Proceedings
The Tribunal upheld asset confiscation under FERA, affirming that prosecution and adjudication proceedings are independent processes.
Aug 20, 20243 min read
Finance Act 2024: Insertion of S. 74A into the CGST Act, 2017, for Streamlining the Issuance of Demand Notices under GST
New s. 74A in the CGST Act consolidates GST recovery, removing the distinction between fraud and non-fraud cases from FY 2024-25.
Aug 20, 20244 min read
[Delhi HC] Settlement for Dispute Regarding Sweat Equity Shares Taxable as Long-term Capital Gains, Not Salary
Delhi HC rules settlement from sweat equity share disputes as capital gains, not salary.
Aug 19, 20244 min read